As a Money Morning Member, you'll get our top financial news stories delivered straight to your inbox – every weekday morning.
Cancel at any time | How it works
Welcome to Money Morning - Only the News You Can Profit From.
Private Briefingwith WILLIAM PATALON III, Executive Editor
Today I want to tell you the tale of how the Scottish secession referendum is killing the Japanese yen.
That’s right – the Japanese yen.
Click here and learn how to get exclusive access to the backdoor way to make a quick 149% before the IPO likely goes public on Sept. 18. Don't worry... this play has nothing to do with the "obvious" companies that've been bandied about on the internet. Go here for full details.
Members log in:
Not a member yet? Sign up here or learn more.
Chief Investment Strategist
33-year seasoned market analyst and professional trader with highly accurate track record. Specialty in global markets.
Global Energy Strategist
35-year expert in oil and gas policy, risk assessment, and emerging market economic development.
Capital Wave Strategist
30-year CBOE trader, market maker, and retired hedge fund honcho. Helped launch the Volatility Index in 1993.
20-year commodity guru and portfolio advisor. Top authority on metals + mining stocks. Head- quartered in Canada.
Defense + Tech Specialist
30-year veteran of tech markets with a Rolodex of Silicon Valley CEOs. Pulitzer nominee. Uncovered rare earths crisis.
30-year veteran analyst of business, economics, and financial markets. Award-winning author of "Contrarian Investing."
BioScience Investment Specialist
Gifted researcher with 20 years' experience tracking bioscience and pharma stocks. Master of the FDA approval process.
Small-Cap Investing Specialist
Known for his pioneering research on the seven "sparks" that trigger explosive profits in the small-cap sector.
One of the most anticipated IPOs of 2013 is coming to market next week.
It's part of the handful of deals debuting next week, many of which include investment banks like Goldman Sachs, JPMorgan and BofA Merrill Lynch in lead roles.
The following few deals are expected to be high-demand offerings with solid aftermarket potential.
First, let's look at a couple of the small deals hitting the market next week. These are in addition to the three we profiled earlier in the week.
On Thursday, April 18, we will see an IPO from Taminco Corp. (NYSE: TAM), which produces alkylamines and alkylamine derivatives. These are used in the manufacturing of products for the agriculture, water treatment, personal & home care, animal nutrition and oil and gas end-markets. They help neutralize acidity, and remove contaminants from a wide range of products.
Taminco is the dominant player in a niche market with few competitors, giving it substantial pricing power, according to the prospectus. Most raw material price changes are easily passed on to the end consumer.
The company is offering 15.8 million shares between $18 and $20. At that midpoint of the range the offering will raise $281 million of net proceeds which will be used to pay off outstanding debt. The offering has a large management group with Citigroup, Goldman Sachs, Credit Suisse, JPMorgan, Deutsche Bank Securities, Jefferies, Morgan Stanley and UBS Investment Bank acting as joint managers.
On Friday, Black Hawk Network Holdings (Nasdaq: HAWK), a leading prepaid payment network, will sell 10 million shares between $20 and $22. The company is one of the leading providers of prepaid gift cards in the world based on the amount of funds pre-loaded on the cards.
It offers cards from leading vendors such as Starbucks, Amazon, iTunes, and many other leading stores and online shopping sites. IT offers prepaid cards from payment vendors such as American Express, Mastercard, and Vise, and general purpose reloadable cards such as GreenDot as well as its own PayPower GPR card.
The cards are offered through a network of high-traffic locations such as grocery stores, convenience and specialty stores as well as online retailers.
The company is currently owned by Safeway Inc. (NYSE: SWY) and the grocer will hold a large stake and voting control of the company after the offering. All offering proceeds will go to the selling stockholders, including Safeway.
Goldman, Sachs, BofA Merrill Lynch, Citigroup and Deutsche Bank Securities are the joint managers.
Also on Friday we will see one of the most anticipated offerings of the year:
(After submitting your email address the page will refresh with the full article. You will receive a welcome email from Money Morning including the benefits of your free subscription.)